The competition begins at 00:00am on August 11, and gives a total of one week to rack up the largest trading volume possible. With this in mind, trading volume relates to both sales and purchases. At the end of the period, totals are tallied up and prizes awarded in 3 separate promotion levels.
Promotion A, has a prize pool of $20k, and anyone reaching a minimum trading volume of 700 $SAND will receive an equal share. Secondly, promotion B has a prize pool of $60k, with participants ranked by total trading volume. To this end, 30 prizes are up for grabs, with the top trader taking away a cool $10k in $SAND tokens. The final level, promotion C sees 100 winners walking away with $200 in SAND each, with eligibility requiring a minimum trading volume of 20k $SAND.
Throughout the promotion, Binance are offering 0% borrowing interest on $SAND margin trading pairs. Additionally, participants must use a Binance account in order to record the required trading metrics. Furthermore, all trades are required to be made using any of the competition’s eligible trading pairs. Specifically, these pairs are, SAND/USDT, SAND/BTC, SAND/BNB.
Read the full announcement >> Here
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